Essent Group
ESNT
143 hedge funds and large institutions have $1.76B invested in Essent Group in 2016 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 61 increasing their positions, 41 reducing their positions, and 20 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 41
15% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 20
8% more capital invested
Capital invested by funds: $1.62B → $1.76B (+$137M)
2.3% more ownership
Funds ownership: 84.4% → 86.7% (+2.3%)
1% more funds holding
Funds holding: 141 → 143 (+2)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $288K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$24.6M |
| 2 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
+$17.8M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$15.9M |
| 4 |
TA
Teachers Advisors
New York
|
+$13.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
-$12.1M |
| 2 |
Goldman Sachs
New York
|
-$10.3M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$10.1M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$7.71M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$6.89M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Capital Fund Management (CFM)
Paris,
France
| – | -$1.4M | -67,200 | Closed |
|
|
HI
152
HBK Investments
Dallas,
Texas
| – | -$1.1M | -53,061 | Closed |
|
|
GL
153
GLG LLC
New York
| – | -$927K | -44,586 | Closed |
|
|
CS
154
Comerica Securities
Detroit,
Michigan
| – | -$358K | -17,212 | Closed |
|
155
Nomura Holdings
Tokyo,
Japan
| – | -$322K | -15,500 | Closed |
|
|
QC
156
Quadrature Capital
London,
United Kingdom
| – | -$296K | -14,259 | Closed |
|
|
DTL
157
Dynamic Technology Lab
Singapore
| – | -$235K | -11,314 | Closed |
|
|
GS
158
GAM Systematic
Cambridge,
United Kingdom
| – | -$30K | -1,446 | Closed |
|
|
HNB
159
Huntington National Bank
Columbus,
Ohio
| – | -$10K | -400 | Closed |
|
160
US Bancorp
Minneapolis,
Minnesota
| – | -$5K | -258 | Closed |
|
|
MFS
161
MSI Financial Services
Springfield,
Massachusetts
| – | -$5K | -250 | Closed |
|
ESNT Hedge Fund Activity: Q2 2016 in Review
143 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Essent Group (ESNT) for Q2 2016, worth a combined $1.76B — up 8.5% from $1.62B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ESNT positions and 20 closed out — a net gain of 3 holders — while 61 added to existing stakes and 41 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $24.6M. The largest seller was RS Investment Management, cutting an estimated $12.1M.
- 143 institutional investors held Essent Group (ESNT) as of Q2 2016, up from 141 in Q1 2016.
- Funds reported $1.76B of Essent Group stock for Q2 2016, up 8.5% quarter-over-quarter.
- 23 funds opened new Essent Group positions in Q2 2016 and 20 closed out, a net change of +3 holders.
- The largest Essent Group buyer in Q2 2016 was Capital Research Global Investors, an estimated $24.6M added.
- The largest Essent Group seller in Q2 2016 was RS Investment Management, an estimated $12.1M sold.
Based on aggregated 13F filings for Q2 2016.